Description
An investment property like this is a once in a lifetime opportunity and can change lives. Currently established as year-round yearly rentals with a good cash-flow, but the business potential is in the weekly or seasonal rentals of Air BNB, VRBO, and other vacation rental models. A total of seven properties with 495 feet of good, deep-water frontage, dock systems, plenty of parking and an additional 3.7 acres of undeveloped land, including a large parking lot, well and commercial septic system just across the road. The property consists of 2 cabins, a building with 2 units and a building with 3, all with multiple bedrooms and two with walk-out basements. All have washer & dryer, 5, 6 & 7 have a half -bath in the finished basement that could be used as a great room or additional bed space that walks out to the lawn & lake. The buildings are in great condition and ready for a new owner. Located less than 40 min to Auburn, 45 to Augusta, an hour to Sunday River, 30 min to Farmington and less than 3 hours to Boston. This could be a perfect 1031 property and a lifestyle changer
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0BEDS
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4.7ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
An investment property like this is a once in a lifetime opportunity and can change lives. Currently established as year-round yearly rentals with a good cash-flow, but the business potential is in the weekly or seasonal rentals of Air BNB, VRBO, and other vacation rental models. A total of seven properties with 495 feet of good, deep-water frontage, dock systems, plenty of parking and an additional 3.7 acres of undeveloped land, including a large parking lot, well and commercial septic system just across the road. The property consists of 2 cabins, a building with 2 units and a building with 3, all with multiple bedrooms and two with walk-out basements. All have washer & dryer, 5, 6 & 7 have a half -bath in the finished basement that could be used as a great room or additional bed space that walks out to the lawn & lake. The buildings are in great condition and ready for a new owner. Located less than 40 min to Auburn, 45 to Augusta, an hour to Sunday River, 30 min to Farmington and less than 3 hours to Boston. This could be a perfect 1031 property and a lifestyle changer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Data last updated: 2023-03-30T23:47:32.983.
